Are you good at money management skills? Learn how to put them to work for you managing employees with this very informative article on personnel management. If you could time manage your employees to get the most efficient measures of production from them at all times then your profit margins will increase. This produces viable examples of how to change management style to become more effective at managing employees. Essentially applying money management skills to employee relations, helps to give this idea some leeway.
- Companies are not managing individuals as carefully as they are managing money this means that they are devaluing personnel
- Getting your people to perform better is a function of solid management, and if companies took care with their employees there would be better outcomes
- There has been an over focus on the bottom line at the expense of the development of the individuals who make it possible
“To measure human capital, you can deploy metrics such as our productive power index, which looks at the cost of organizational drag and the benefits of effective talent and energy management on your overall productive power.”
Read more: https://hbr.org/2017/05/what-if-companies-managed-people-as-carefully-as-they-manage-money
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